2004: New York state legislature creates Albany Convention Center Authority to finance and build new convention center downtown.

January 2006: Gov. George Pataki announces state will invest $75 million toward construction of a convention center, hotel and parking garage. Total cost estimate: $200 million.

February 2008: Cost estimate revised to $397.5 million based on detailed architectural and engineering studies.

December 2008: New cost-saving plan calls for private sector to build hotel and parking garage. Taxpayer cost for convention center is $225 million to $240 million.

November 2009: New design lowers cost estimate to $220 million by substituting materials and rearranging interior layout.

May 2012: Authority buys former bus station on Broadway, giving it control over more than 80 percent of land needed for convention center.

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